New Delhi: Delhi Police along with IT department on Thursday conducted raids at various places in Delhi after news channels aired sting operations showing agents taking black money in the form of demonetised notes and promising exchange into valid money by charging a commission.

The Ministry of Information and Broadcasting sent CDs of the broadcast to Delhi Police on Wednesday for taking appropriate action in the matter, following which Crime Branch, in association with Directorate of Investigations IT department, conducted raids at several places, said Ravindra Yadav, joint commissioner of police (Crime).

Representational image. AFP

The sting operation had also shown managers of popular Pakistani singers and actors demanding a part of the money, that their clients were supposed to be paid for performances or appearances in functions, in cash and the rest to be deposited in the artistes' bank accounts.

"These sting operations showed how unscrupulous persons are involved in exchange of demonetised notes of black money in different sectors like gold jewellery, real estate, etc and are promising conversion into legal money by charging some commission," he said.